Panel sheds light on current and upcoming developments in rules-based systems and fraud detection technology

SAN FRANCISCO, Calif. – Nov. 8 (SEND2PRESS NEWSWIRE) — ComplianceEase(R), a leading provider of automated compliance and risk-management solutions, announced today that Jason Roth, one of its co-founders and senior vice president of product management, will speak at the November 16, 2006 session “Protecting Your Company: Rules-Based Systems and Fraud Detection.” The session will take place during the Mortgage Bankers Association’s (MBA) 2006 Legal Issues in Mortgage Technology Conference, to be held at the Arizona Biltmore Resort & Spa from November 15 – 17, 2006.

The session “Protecting Your Company: Rules-Based Systems and Fraud Detection,” will educate mortgage lenders on how to improve their regulatory compliance and fraud mitigation processes by adopting a rules-based expert system. Expert systems mimic the type of decisions that field experts have traditionally made on a manual basis, streamlining these processes and virtually eliminating human error. The session will address the latest developments in regulatory compliance and fraud detection engines, and will also explain how these systems efficiently and accurately process huge quantities of data to enable lenders and investors to quickly identify anomalies and exceptions that require attention.

Roth, an authority in rules-based expert systems, will discuss the current benefits and future growth of rules-based systems in risk mitigation in the mortgage industry. “As a result of their overwhelming benefits and low cost, industry adoption of automated compliance and risk management technology has exploded over the last few years,” explains Roth. “The goal of the session is to provide lenders the necessary information to illustrate the impact that fraud detection and rules-based systems can have on an organization.”

During the three-day conference, ComplianceEase will also be demonstrating how automated compliance systems can advance and strengthen a lender’s business operations at table number 6.

The MBA’s 2006 Legal Issues in Mortgage Technology Conference is designed for mortgage executives and compliance professionals wanting to stay current with the mortgage industry’s ever-evolving regulatory and technological landscapes. The conference addresses a variety of relevant legislative and regulatory issues along with the growth and impact of mortgage technology in the regulatory compliance arena.

About ComplianceEase(R) ComplianceEase, a division of LogicEase Solutions Inc., headquartered in the San Francisco Bay Area, is a premier provider of intelligent business solutions to the financial services industry. ComplianceEase’s web-based platform – ComplianceAnalyzer – is the mortgage industry’s leading automated compliance solution.

The ComplianceEase expert system utilizes advanced reasoning and decisioning technologies as well as natural language processing to power beginning-to-end solutions in a fraction of the time and for a fraction of the cost of traditional approaches, while providing high levels of accuracy and integrity. ComplianceEase’s significant and growing client base includes top tier mortgage lenders, banks, and Wall Street firms. Managed by a team of highly experienced and innovative mortgage professionals, the company is funded by the First American Corporation, the WI Harper Group, and the senior management team.

For more information about ComplianceEase, visit www.ComplianceEase.com.

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